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Global Non-alcoholic RTD beverages Market to reach USD 1,076.94 billion by the end of 2030

Global Non-alcoholic RTD beverages Market Size Study & Forecast, by Product (Fermented Beverages, Non-fermented Beverages), by Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Retail, Others) and Regional Analysis, 2023-2030

Product Code: OIRFB-87671749
Publish Date: 20-10-2023
Page: 200

Global Non-alcoholic RTD beverages Market is valued at approximately USD 702.89 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.66% over the forecast period 2023-2030. Non-alcoholic RTD (Ready-to-Drink) beverages are a type of pre-packaged drinks that do not need any further preparation before consumption. These drinks come in a variety of flavors and compositions and are often packaged in bottles, cans, or cartons. Non-alcoholic RTD drinks include a variety of refreshments and functional drinks, including fruit juices, sports and energy drinks, carbonated soft drinks, and others. The market’s expansion has been attributed to shifting customers preferences from alcoholic drinks to healthier substitutes, the rising number of health-conscious people, and a growing focus on convenience. .

Additionally, the rising inclination of the customer on improving dietary consumption, and drink healthier beverages that contain nutrients such functional waters filled with vitamins and minerals is driving the market demand during the estimated period. According to the International Food Information Council Foundation on Food and Health Research 2021, around 47% of all customers chose food with extra nutrients. Furthermore, the introduction of novel functional bottled waters by beverage manufacturing businesses is also boosting the growth of the non-alcoholic RTD beverage market. For instance, a beverage firm with headquarters in the United States introduced the functional drink Nirvana HMB + Vitamin D3 water in March 2022.. Additionally, the leading market players are concentrating on corporate expansion plans and diversifying their product offerings, and growing consumer preference for non-fermented drinks to drive product demand which is projected to accelerate market growth over the forecasting period. However, Fruit juices, energy drinks, and other non-alcoholic RTD beverages have excessive amounts of sugar, which stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Non-alcoholic RTD beverages Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022. owing to the presence of numerous well-known beverage producers that are based in North America, particularly the United States. Additionally, the rising health-conscious population, high purchasing capacity of the population, and rising consumer preference toward physical and health-related fitness activities are the major factors surging the demand for non-alcoholic RTD beverages in the regional market., Asia Pacific is expected to grow with the fastest CAGR during the forecast period. The regional market is anticipated to be driven by the rising demand for alcohol-free beverages majorly from developing nations like China, India, Thailand, and Malaysia. Key international firms are expanding their operations and distribution facilities in this region as a result of several government measures to improve the manufacturing sector through tax deduction, subsidies, and increased FDI limits. Additionally, customers prefer functional and flavored bottled water compared to carbonated drinks with a lot of sugar because of a change in beverage consumption habits.

Major market player included in this report are:
Nestlé S.A.
PepsiCo Inc.
Unilever PLC
Keurig Dr. Pepper Inc.
The Coca-Cola Company
Jones Soda Co.
Danone S.A.
Suntory Beverage & Food Ltd.
Asahi Group Holdings, Ltd.
Red Bull GmbH
Recent Developments in the Market:
Ø In July 2022, PepsiCo, Inc. has approved a deal to purchase land close to Denver International Airport, where it plans to erect a 1.2 billion square foot manufacturing complex. Denver is providing USD 1 billion from its Business Incentive Fund to PepsiCo to build the factory, which will become the company’s largest soda manufacturing facility in the United States.
Ø In February 2022, Nestlé introduced a new Milo product made from plants in Thailand. The new Ready-To-Drink (RTD) drink is made from soy and incorporates the distinct Milo malt flavor to offer a wholesome plant-based substitute.
Ø In February 2022, Jones Soda Co. collaborated with The ICEE Company, a top supplier of dispensed frozen beverage treats with the objective of launching new flavors in the market.

Global Non-alcoholic RTD beverages Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Product, Distribution Channel, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Fermented Beverages
Non-fermented Beverages

By Distribution Channel:
Specialty Stores
Convenience Stores
Online Retail

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Non-alcoholic RTD beverages Market, by region, 2020-2030 (USD Billion)
1.2.2. Non-alcoholic RTD beverages Market, by Product, 2020-2030 (USD Billion)
1.2.3. Non-alcoholic RTD beverages Market, by Distribution Channel, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Non-alcoholic RTD beverages Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Non-alcoholic RTD beverages Market Dynamics
3.1. Non-alcoholic RTD beverages Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Consumers’ growing interest on health and fitness Shifting customers preferences from alcoholic drinks to healthier substitutes Rising inclination towards improving dietary consumption among population
3.1.2. Market Challenges Excessive amounts of sugar content in Non-alcoholic RTD beverages
3.1.3. Market Opportunities Advancements in formulation Increasing corporate expansion plans and diversification of products by key market players Growing consumer preference for non-fermented drinks
Chapter 4. Global Non-alcoholic RTD beverages Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economic
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Non-alcoholic RTD beverages Market, by Product
5.1. Market Snapshot
5.2. Global Non-alcoholic RTD beverages Market by Product, Performance – Potential Analysis
5.3. Global Non-alcoholic RTD beverages Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Non-alcoholic RTD beverages Market, Sub Segment Analysis
5.4.1. Fermented Beverages
5.4.2. Non-fermented Beverages
Chapter 6. Global Non-alcoholic RTD beverages Market, by Distribution Channel
6.1. Market Snapshot
6.2. Global Non-alcoholic RTD beverages Market by Distribution Channel, Performance – Potential Analysis
6.3. Global Non-alcoholic RTD beverages Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
6.4. Non-alcoholic RTD beverages Market, Sub Segment Analysis
6.4.1. Supermarkets/Hypermarkets
6.4.2. Specialty Stores
6.4.3. Convenience Stores
6.4.4. Online Retail
6.4.5. Others
Chapter 7. Global Non-alcoholic RTD beverages Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Non-alcoholic RTD beverages Market, Regional Market Snapshot
7.4. North America Non-alcoholic RTD beverages Market
7.4.1. U.S. Non-alcoholic RTD beverages Market Product breakdown estimates & forecasts, 2020-2030 Distribution Channel breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Non-alcoholic RTD beverages Market
7.5. Europe Non-alcoholic RTD beverages Market Snapshot
7.5.1. U.K. Non-alcoholic RTD beverages Market
7.5.2. Germany Non-alcoholic RTD beverages Market
7.5.3. France Non-alcoholic RTD beverages Market
7.5.4. Spain Non-alcoholic RTD beverages Market
7.5.5. Italy Non-alcoholic RTD beverages Market
7.5.6. Rest of Europe Non-alcoholic RTD beverages Market
7.6. Asia-Pacific Non-alcoholic RTD beverages Market Snapshot
7.6.1. China Non-alcoholic RTD beverages Market
7.6.2. India Non-alcoholic RTD beverages Market
7.6.3. Japan Non-alcoholic RTD beverages Market
7.6.4. Australia Non-alcoholic RTD beverages Market
7.6.5. South Korea Non-alcoholic RTD beverages Market
7.6.6. Rest of Asia Pacific Non-alcoholic RTD beverages Market
7.7. Latin America Non-alcoholic RTD beverages Market Snapshot
7.7.1. Brazil Non-alcoholic RTD beverages Market
7.7.2. Mexico Non-alcoholic RTD beverages Market
7.8. Middle East & Africa Non-alcoholic RTD beverages Market
7.8.1. Saudi Arabia Non-alcoholic RTD beverages Market
7.8.2. South Africa Non-alcoholic RTD beverages Market
7.8.3. Rest of Middle East & Africa Non-alcoholic RTD beverages Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Nestle S.A. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.3.2. PepsiCo Inc.
8.3.3. Unilever PLC
8.3.4. Keurig Dr. Pepper Inc.
8.3.5. The Coca-Cola Company
8.3.6. Jones Soda Co.
8.3.7. Danone S.A.
8.3.8. Suntory Beverage & Food Ltd.
8.3.9. Asahi Group Holdings, Ltd.
8.3.10. Red Bull GmbH
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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